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North Parade, Whitley Bay, Tyne and Wear, NE26 1PA - Image 1
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North Parade, Whitley Bay, Tyne and Wear, NE26 1PA

North East

£350,000
Listed on 05/03/2026

Property Details

Bedrooms
8
Type
Terraced house

Description

This spacious mid-terrace property, spanning three floors, presents a significant renovation opportunity. Currently configured with nine bedrooms, including multiple en-suites, it holds great potential for transformation into a large family home or a multi-let investment. Located just steps away from the beautiful Whitley Bay Beach, this residence is perfectly positioned to attract both long-term tenants and holidaymakers alike. With off-street parking available, the layout offers versatile living spaces that can be adapted to a variety of needs. The prime coastal location, combined with proximity to local amenities and transport links, enhances its appeal for buyers looking to capitalize on the rental market or those seeking a project with vision in one of the region's most desirable areas. A chance to put your personal touch on a well-located property awaits.

Investment Analysis

(NE26 area)
Area Average
£288/sq ft
Avg Rent (weekly)
£225
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (NE26)

Area prices are falling by -2.3% over the last 12 months
3 year growth: +5.9%
5 year growth: +26.0%
Investment Disclaimer: Analysis based on NE26 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

North Parade, Whitley Bay, Tyne and Wear, NE26 1PA
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,262
Based on a loan of £262,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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